Publication date : 2009
Number of pages : 23
The working paper analyses the impact of EWCs on four different groups: shareholders, creditors, managers and employees. It argues that EWCs provide a net benefit. There are no significant negative impacts on shareholders and creditors while there are clear positive benefits for employees and managers.
ETUI, Brussels, ISSN 1994-4446 , ISSN 1994-4454 (pdf)
Veerle Raes, Administrative assistant
Séverine Picard (ETUC Legal Advisor)
Romuald Jagodzinski, Norbert Kluge and Jeremy Waddington